Here in the USA it seems that socialism is becoming popular with the millenials but in France a country with a long history of socialism Paris is burning.
Paris burns, with lessons for America
I was just reading another piece where UN officials were calling fir a hardline against those who refuse to comply with the climate taxation scheme. They also called for it to be illegal to deny climate change.
The protests started a few weeks ago, sparked by a fuel tax announced by Macron as part of his policy to curb diesel usage and invest in greener technology. The tax was to start next month. For French citizens living in rural areas, who tend to rely on cars and trucks to get around, this tax would be particularly painful.
And it comes at a difficult time. France’s economic environment is anemic at best. Current economic growth is almost nonexistent; gross domestic product growth will end 2018 at around 1.6 percent. (The United States is running about twice that rate.)
French unemployment is over 9 percent, which has changed little since 1996. (The U.S. unemployment rate is less than 4 percent.)
Despite the low economic growth and high unemployment, taxes in France are still high. In addition to income tax, there is a 20 percent value-added tax on most goods and services. According to the Organisation for Economic Co-operation and Development’s most recent report on government taxes, France came in the highest, at 46 — 2 percent of the economy. The announcement of yet another tax burden was simply too much for many to bear. So they took to the streets.
Paris burns, with lessons for America
I was just reading another piece where UN officials were calling fir a hardline against those who refuse to comply with the climate taxation scheme. They also called for it to be illegal to deny climate change.